Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
How much should a home price be lowered on a FSBO from realtor listed?
My mother died a few years back. Now my bro. wants to buy the house. He says that since he is selling the house (technically he and I are selling it to him) and he is buying it, there is no need for a realtor. So he says he should pay 5% less than the appraisal price.
To me, it seems that if we sell it on our own, we should drop the price by ~2% from realtor prices so to make it a better deal to buyers. If we lower it the realtor costs, why not just get a realtor to do all the work? Please help, thanks!
so should i make him buy it at appraisal price or lower and why?
2 Answers
- chatsplasLv 71 decade agoFavorite Answer
No need for a realtor in this situation--would be ridiculous
But you need an attorney
It's whatever you two agree upon
What work would the realtors do?? There's a buyer and seller already!!!
The appraisal price is not inclusive or exclusive of realtor's fees.
It is a valuation of the property. Realtor's fees are a cost of sale., and unnecessary in your situation.
Source(s): real estate investor - LandlordLv 71 decade ago
It should remain the same, agent fees are not added to appraisals. The value is exactly the same if you pay someone or not.
